Garden Reach Shipbuilders & Engineers Limited (BOM:542011)

BOM:542011 Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	44,494	35,926	25,611	17,544	11,408	14,333
Revenue Growth (YoY)	40.00%	40.27%	45.98%	53.79%	-20.40%	3.38%
Cost of Revenue	37,009	29,082	20,147	12,467	7,081	9,843
Gross Profit	7,485	6,844	5,464	5,077	4,327	4,490
Selling, General & Admin	3,779	3,689	3,280	3,000	2,809	3,129
Other Operating Expenses	720.28	737.02	649.73	665.38	796.77	954.83
Operating Expenses	4,928	4,839	4,322	4,022	3,896	4,385
Operating Income	2,557	2,005	1,143	1,055	430.42	105.32
Interest Expense	-122.22	-114.89	-64.81	-14.29	-6.82	-12.81
Interest & Investment Income	2,714	2,714	1,783	1,302	1,527	1,989
Currency Exchange Gain (Loss)	-25.97	-25.97	-35.27	4.49	8.65	2.46
Other Non Operating Income (Expenses)	79.74	107.74	72.26	76.25	142.13	129.87
EBT Excluding Unusual Items	5,202	4,686	2,898	2,423	2,101	2,214
Gain (Loss) on Sale of Investments	81.25	81.25	61.96	136.86	71.64	50.53
Asset Writedown	-30.64	-30.64	2.45	2.82	-0.08	11.05
Other Unusual Items	67.57	67.57	84.71	-11.4	-102.53	-42.17
Pretax Income	5,326	4,809	3,052	2,572	2,071	2,239
Income Tax Expense	1,378	1,237	770.94	677.15	536.46	603.89
Net Income	3,948	3,573	2,281	1,895	1,535	1,635
Net Income to Common	3,948	3,573	2,281	1,895	1,535	1,635
Net Income Growth	31.16%	56.61%	20.37%	23.49%	-6.12%	48.70%
Shares Outstanding (Basic)	115	115	115	115	115	115
Shares Outstanding (Diluted)	115	115	115	115	115	115
Shares Change (YoY)	0.01%	-	-	-	-	-
EPS (Basic)	34.46	31.19	19.91	16.55	13.40	14.27
EPS (Diluted)	34.46	31.19	19.91	16.55	13.40	14.27
EPS Growth	31.15%	56.61%	20.37%	23.49%	-6.12%	48.70%
Free Cash Flow	-	-7,550	14,080	-4,105	3,514	5,605
Free Cash Flow Per Share	-	-65.91	122.91	-35.84	30.68	48.93
Dividend Per Share	10.390	9.360	6.200	5.800	5.000	7.140
Dividend Growth	20.53%	50.97%	6.90%	16.00%	-29.97%	2.73%
Gross Margin	16.82%	19.05%	21.34%	28.94%	37.93%	31.33%
Operating Margin	5.75%	5.58%	4.46%	6.01%	3.77%	0.73%
Profit Margin	8.87%	9.94%	8.91%	10.80%	13.45%	11.41%
Free Cash Flow Margin	-	-21.01%	54.97%	-23.40%	30.80%	39.10%
EBITDA	2,946	2,381	1,500	1,372	683.15	371.76
EBITDA Margin	6.62%	6.63%	5.86%	7.82%	5.99%	2.59%
D&A For EBITDA	389.21	375.72	357.73	316.77	252.73	266.44
EBIT	2,557	2,005	1,143	1,055	430.42	105.32
EBIT Margin	5.75%	5.58%	4.46%	6.01%	3.77%	0.73%
Effective Tax Rate	25.88%	25.71%	25.26%	26.32%	25.90%	26.97%
Revenue as Reported	47,462	38,923	27,630	19,158	13,266	16,588
Advertising Expenses	-	37.26	33.74	28.93	24.05	77.02

Source: S&P Capital IQ. Standard template. Financial Sources.